Vietnam to exceed 6.5% in economic growth

by VTV423 June 2017 Last updated at 22:06 PM

Vietnam to exceed 6.5% in economic growth - Vietnam's economic growth is forecasted to exceed 6.5% and surpass last year's rate, according to the Institute of Chartered Accountants in England and Wales.



This is part of the latest Report on South East Asia's economic potential.

The report attributes the growth to the increased influx of FDI. Experts believe that this reflects Vietnam's growing competitiveness in industrial production and textiles. The report pinpoints Vietnam as a highlight in the region's economy but still indicates several risks for the Vietnamese economy, which include a high budget deficit and inflation. The firm's experts believe that Vietnam is on track to exceed 6.7% growth next year.